DTN Closing Livestock Comment 10/13 15:38
13 Oct 2017
DTN Closing Livestock Comment 10/13 15:38 Lack of Direction Develops Friday Trade Friday focused on traders adjusting ahead of the weekend and shifting after swift cattle future moves over the last several sessions. By Rick Kment DTN Analyst GENERAL COMMENTS From Friday to Friday livestock futures scored the following changes: Oct LC up $1.80; Dec LC up $0.20; Oct FC up $0.10; Nov FC off $0.75; Oct LH up $1.23; Dec LH up $1.28. Cash cattle trade remained undeveloped following moderate to active trade seen Thursday. Bids were seen through most of the day Thursday, although interest remained undeveloped at this point. According to the closing report, the national hog base is $0.97 higher compared with the Prior Day settlement ($52.00-$59.50) weighted average $57.48. The corn futures moved higher in light activity. December futures were 3-cent higher Thursday. The Dow Jones Index is 30 points higher with the Nasdaq up 14 points.